Safeguarding DeFi's Infrastructure Builders

Welcome to Crypto Long & Short, our institutional newsletter. This week, we explore the need to safeguard the people building DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, emphasizes the importance of protecting these individuals and the technology they create. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, argues that Ethereum's L2 strategy is flawed due to a fundamental design issue, and that state channels offer a better solution. We also highlight key headlines from the week, including the impact of smart contract exploits on the market.